Johcm Global Equity Fund Market Value
| JOGIX Fund | USD 15.19 0.02 0.13% |
| Symbol | Johcm |
Johcm Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Johcm Global's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Johcm Global.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Johcm Global on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Johcm Global Equity or generate 0.0% return on investment in Johcm Global over 720 days. Johcm Global is related to or competes with Artisan Global, Us Global, Commonwealth Global, Federated Global, Barings Global, and Ms Global. The fund seeks to invest primarily in common stocks and other equity securities of U.S More
Johcm Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Johcm Global's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Johcm Global Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.54 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.66 |
Johcm Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johcm Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johcm Global's standard deviation. In reality, there are many statistical measures that can use Johcm Global historical prices to predict the future Johcm Global's volatility.| Risk Adjusted Performance | 0.0899 | |||
| Jensen Alpha | 0.0011 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1291 |
Johcm Global Equity Backtested Returns
At this stage we consider Johcm Mutual Fund to be very steady. Johcm Global Equity holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Johcm Global Equity, which you can use to evaluate the volatility of the entity. Please check out Johcm Global's Risk Adjusted Performance of 0.0899, market risk adjusted performance of 0.1391, and Downside Deviation of 1.09 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The fund retains a Market Volatility (i.e., Beta) of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Johcm Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Johcm Global is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
Johcm Global Equity has very weak reverse predictability. Overlapping area represents the amount of predictability between Johcm Global time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Johcm Global Equity price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Johcm Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Johcm Global Equity lagged returns against current returns
Autocorrelation, which is Johcm Global mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Johcm Global's mutual fund expected returns. We can calculate the autocorrelation of Johcm Global returns to help us make a trade decision. For example, suppose you find that Johcm Global has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Johcm Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Johcm Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johcm Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Johcm Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Johcm Global Lagged Returns
When evaluating Johcm Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johcm Global mutual fund have on its future price. Johcm Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Johcm Global autocorrelation shows the relationship between Johcm Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Johcm Global Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Johcm Mutual Fund
Johcm Global financial ratios help investors to determine whether Johcm Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Johcm with respect to the benefits of owning Johcm Global security.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |